I need help on how to implemented maxdailystop and maxdailyloss to my system.

• 01/16/2020 at 9:41 AM #116963
  Makkman

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated maxdailyprofit=20000 maxdailyloss=2 once tradeallowed=1 if intradaybarindex=0 then myprofit=strategyprofit tradeallowed=1 endif if strategyprofit>=myprofit+maxdailyprofit or strategyprofit= noEntryBeforeTime // Prevents the system from placing new orders to enter the market or increase position size after the specified time noEntryAfterTime = 173000 timeEnterAfter = time = indicator2[1]) c2 = (indicator1 > 60) IF tradeallowed=1 and c1 and c2 and timeenterbefore and timeenterafter THEN BUY 0.5 CONTRACT AT MARKET ENDIF // Conditions to enter short positions indicator3 = RSI[2](close) indicator4 = RSI[2](close)-15 c3 = (indicator3 <= indicator4[1]) c4 = (indicator3 < 40) IF tradeallowed=1 and c3 and c4 and timeenterbefore and timeenterafter THEN SELLSHORT 0.5 CONTRACT AT MARKET ENDIF SET STOP TRAILING 2.5

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32

  // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated   maxdailyprofit=20000 maxdailyloss=2   once tradeallowed=1   if intradaybarindex=0 then myprofit=strategyprofit tradeallowed=1 endif   if strategyprofit>=myprofit+maxdailyprofit or strategyprofit= noEntryBeforeTime   // Prevents the system from placing new orders to enter the market or increase position size after the specified time noEntryAfterTime = 173000 timeEnterAfter = time = indicator2[1]) c2 = (indicator1 > 60) IF tradeallowed=1 and c1 and c2 and timeenterbefore and timeenterafter THEN BUY 0.5 CONTRACT AT MARKET ENDIF   // Conditions to enter short positions indicator3 = RSI[2](close) indicator4 = RSI[2](close)-15 c3 = (indicator3 <= indicator4[1]) c4 = (indicator3 < 40) IF tradeallowed=1 and c3 and c4 and timeenterbefore and timeenterafter THEN SELLSHORT 0.5 CONTRACT AT MARKET ENDIF SET STOP TRAILING 2.5

   

  

  Makkman

  Participant

  Topics: 2

  Replies: 0

  Been thanked: 0 times
  01/16/2020 at 9:57 AM #116966
  robertogozzi

  I have rarely seen posts with so many errors and disrespect at one time!

  Please bear in mind this is a community with its own rules, please respect them and the people who live on them!

  1. you never answered a question that someone asked you replying to another duplicate post like this! People offer their help, respect them! You won’t punch rescuers when an ambulance arrives to help you!

  2. do not double post, this will make things worse and answers more difficult to find!

  3. use meaningful titles, not generic help requests!

  4. use the correct support forum!

  5. use the “Insert PRT code” button!

  6. add a question. what shall we do with your code!?!?

  Being a newbie isn’t enough to excuse you, you may take your time to know what roads and traffic are before trying to engage a crossing!

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 18049

  Been thanked: 4616 times
  01/16/2020 at 10:03 AM #116967
  robertogozzi

  I just deleted another duplicate.

  Please stop posting the same question, there are already TWO post of yours around, isn’t that enough for 0.5 questions? (1 question spread over two posts),

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 18049

  Been thanked: 4616 times
• Author
  Posts